LONDON, March 26 (Reuters) - British low cost carriereasyJet upgraded forecasts for its first-half period,saying it expected foreign currency tailwinds to provide a 20million pounds boost, potentially helping it to overcome a usualseasonal loss.
The group, which like rivals traditionally makes a loss overthe winter when fewer customers fly, said on Thursday that itnow expected to come in between a loss of 5 million pounds ($7.45 million) and a profit of 10 million pounds, compared toguidance given in January for a loss of between 10 millionpounds and 30 million pounds.
easyJet, Europe's No. 2 low-cost carrier behind Ryanair, said the weakening of the euro against the pound wasthe main boost to its bottom line in the second quarter. It isdue to publish its first-half results on May 12.
($1 = 0.6711 pounds) (Reporting by Sarah Young; Editing by Neil Maidment)
easyJet (EZJ)